Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra 09:05:06 15/07/2024 pm IST 5-day change 1st Jan Change
54.7 EUR -0.40% Intraday chart for Covestro AG -0.26% +3.83%

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Covestro AG is one of the world's leading manufacturers of polymer materials. Its products are primarily used in the automotive, construction, electronics, furniture and textile industries. Net sales break down by family of products as follows: - specialty products (50.5%): raw materials for coatings, adhesives and films; - performance materials (47.8%): polyurethanes (flexible polyurethane foam mainly used in furniture, mattress and car seat upholstery, and rigid polyurethane foam used in the composition of building and refrigeration equipment insulation) and polycarbonates (high-performance polycarbonates used in automotive components, roof structures and medical devices); - other (16.3%). At the end of 2023, the group operated 48 production sites around the world. Net sales are distributed geographically as follows: Germany (12.1%), the United States (21.8%), China (21.4%) and other (44.7%).
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Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
54.7 EUR
Average target price
57.07 EUR
Spread / Average Target
+4.34%
Consensus
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  5. Barclays Downgrades Covestro to Equalweight from Overweight